Wilt Chamberlain warm-up jacket bought for $3 at thrift store sells for tens of thousands

A memorabilia hunter may have made the find of the century when he picked up what turned out to be a genuine Wilt Chamberlain warm-up jacket at a Goodwill store in Portland for just $3.07.

Now, that jacket has sold at auction for $89,000.

That's a profit of $88,996.93, which means most of us will be heading to our local Goodwill stores later today and tearing the place apart in search of sports memorabilia paydirt.

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Of course, anything tied to the late Wilt Chamberlain is going to command top dollar, but this wasn't any old warm-up jacket. Sotheby's photo matched it to the 1972 NBA Finals and to some other photos shot during the following 1972-73 season.

Those dates are significant because he was named Finals MVP in the 1972 NBA Finals, while the 1972-73 season was his last in the NBA.

According to KATU, the lucky jacket finder was Quinn Brown, a teenager who has been thrifting and selling the stuff he finds for years.

Finding a jacket for $3 and flipping it for a shade under $90,000 is about as good as it gets. The only downside was that Sotheby's actually thought it was going to sell for something in the neighborhood of $150,000 to $250,000.

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Man, just once I'd love to be on the receiving end of this kind of thrift store or antique shop luck.

Every time I buy something thinking it will be valuable — like a Spike Jones album or an old "Star Wars Episode 1: The Phantom Menace" Taco Bell cup — it turns out to be worth barely as much as I paid for it.

Maybe I'm just not looking in the right places... the places I've gone to mostly just have crap.

Congrats to Quinn Brown on one heck of a find.

Now, if you'll excuse me, I have Goodwill bins to rummage through...